iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) is a publicly traded company in the Financial Services sector, operating within the Asset Management - Bonds industry.
SHYG has IPO date of 2013-10-17, listed on the NYSE, a market capitalization of $7.54B.
iShares 0-5 Year High Yield Corporate Bond ETF is designed to track the performance of U.S. dollar-denominated high yield corporate bonds with shorter maturities. The fund invests at least 80% of its assets in the component securities of its underlying index, with a minimum of 90% allocated to fixed income securities that align with the index composition. By focusing on high yield corporate debt in the 0-5 year maturity range, the fund aims to provide exposure to shorter-duration, higher-yielding corporate bonds while maintaining close tracking to its benchmark index.
